DIRS.INFO The most relevant business & tech news

"I believe stepping down is best for those Senator Menendez has spent his life serving," Booker said in a statement. I urge Senator Menendez to resign," said Senator Gary Peters, the head of Senate Democrats' campaign arm, in a statement. Many Democratic elected officials in Menendez's state of New Jersey, including Governor Phil Murphy, have also called for Menendez to resign. Menendez's Senate seat will be among those decided in next year's election. The probe marks the third time Menendez has been under investigation by federal prosecutors.

Persons: Robert Menendez, Nadine Menendez, Mike Segar, Cory Booker, Bob Menendez, Booker, Menendez, Chuck Schumer, Gary Peters, Phil Murphy, Andy Kim, Murphy, Wael Hana, Makini Brice, Jeff Mason, Eric Beech, Luc Cohen, Josie Kao, Christopher Cushing Organizations: REUTERS, Rights, U.S, Democratic, Senate, Republicans, U.S . Senate, Democrats, Democratic U.S, Republican, Senate Foreign Relations, New, Thomson Locations: Jersey, Union City , New Jersey, U.S, Northeastern, New Jersey, Menendez's, Egypt, Manhattan, New York

[1/2] Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo Acquire Licensing RightsSept 27 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But another day of curve steepening, and 10-year nominal and real yields rising to new multi-year highs crushed stocks. U.S. bond market volatility - a key driver of global market stability and liquidity - had its biggest rise since early July. Investors in Asia will also note the significance of U.S. crude oil's rise on Tuesday after a few days of consolidation, not for the 1% rise in itself, but because it lifts the year-on-year price rise to almost 20%.

Persons: Jorge Silva, Jamie McGeever, Dow Jones, Josie Kao Organizations: Bank of, REUTERS, Bank, Dow, Nasdaq, Investors, Reuters, Thomson Locations: Bank of Thailand, Bangkok, Thailand, Treasuries, Asia, Thailand's, Australia, China

Cinven this month signed an accord with GIC, Singapore's sovereign fund, and another two investors to purchase from them 140 million euros of Tier2 Eurovita bonds, the source added. Cinven, which acquired Eurovita in 2017, also launched a tender offer to buy back another 20 million euros of bonds from investors including Italian financial institutions, so that only around 9 million remain outstanding, the source said. Italian insurance authorities placed Eurovita under special administration this year, the first time they have taken such a step, after rising rates blew a hole in the life insurer's cash reserves. Instead, Cinven was asked to carry out the debt buyback and cancel the bonds to support a solvent liquidation, one of the people added. Like other life insurers, especially those relying on banks to sell products, Eurovita was hit by early redemptions once rates started rising and savers sought better returns.

Persons: Matthew Childs, Cinven, Eurovita, Assicurazioni, Valentina Za, Emilio Parodi, Josie Kao Organizations: REUTERS, Reuters, GIC, Germany's Allianz, Allianz, Thomson Locations: London, Britain, Cinven

REUTERS/Jonathan Ernst Acquire Licensing RightsNEW YORK, Sept 25 (Reuters) - A U.S. government shutdown would negatively impact the country's credit, credit rating agency Moody's said on Monday, a stern warning coming one month after Fitch downgraded the U.S. by one notch on the back of a debt ceiling crisis. Moody's has an "Aaa" rating for the U.S. government with a stable outlook - the highest creditworthiness it assigns to borrowers. "Fiscal policymaking is less robust in the U.S. than in many Aaa-rated peers, and another shutdown would be further evidence of this weakness," Moody's said in a statement. The economic impact of a shutdown would likely be limited and short-lived, with the most direct economic impact caused by lower government spending. Of course, the longer the shutdown lasts, the more negative its impact would be on the broader economy, said Moody's.

Persons: Jonathan Ernst, Moody's, Fitch, William Foster, Foster, Davide Barbuscia, Megan Davies, Sharon Singleton, Josie Kao Organizations: U.S . Capitol, REUTERS, U.S, Reuters, P Global, Aaa, Republican Party, Thomson Locations: Washington , U.S, U.S, Washington, Aaa, Moody's

REUTERS/Aly Song/File Photo Acquire Licensing RightsSept 26 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Goldman Sachs' financial conditions indexes for China and emerging markets at large are the highest in almost a year. In China, meanwhile, the property sector is back under the spotlight after shares of property developer Evergrande tumbled 21% on Monday on renewed uncertainty about the firm's debt restructuring. The broader property sector index fell 2.5%. Evergrande shares, but the company is systemically important - it is the world's most indebted developer and the property sector accounts for roughly a quarter of China's economy.

Persons: Aly, Jamie McGeever, Goldman Sachs, Evergrande, Valdis Dombrovskis, Fed's Neel Kashkari, Josie Kao Organizations: China Evergrande Group, REUTERS, U.S, Treasury, Global, Deutsche Bank, Barclays, Union, Thomson, Reuters Locations: Danzhou, Hainan province, China, Asia, Japan, U.S, Beijing, Singapore

☆ US 'disappointed' Solomon Islands leader Sogavare to miss White House summit
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

Solomon Islands Prime Minister Manasseh Sogavare addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 22, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsSYDNEY/WASHINGTON, Sept 24 (Reuters) - The U.S. is disappointed Solomon Islands Prime Minister Manasseh Sogavare will not attend a Pacific Islands summit with U.S. President Joe Biden next week, the White House said on Saturday. "We are disappointed that PM Sogavare of the Solomons does not plan to attend," a Biden Administration official said. The Australian broadcaster ABC reported Solomon Islands Foreign Minister Jeremiah Manele will attend the summit instead. The Solomon Islands Prime Ministers Office did not respond to a Reuters request for comment.

Persons: Manasseh Sogavare, Eduardo Munoz, Solomon, Joe Biden, Biden, Jeremiah Manele, Sogavare, Xi Jinping, Sato Kilman, Trevor Hunnicutt, Kirsty Needham, Josie Kao Organizations: Islands, General Assembly, REUTERS, Rights SYDNEY, Solomon Islands, Pacific, White, Biden Administration, ABC, Solomon, Solomon Islands Prime Ministers, United Nations General Assembly, Initiative, Global Security Initiative, Vanuatu, Thomson Locations: New York City, U.S, WASHINGTON, China, Washington, Australian, Solomon Islands, New York, Beijing, Solomon, Sydney

☆ Pope says countries should not "play games" with Ukraine on arms aid
▼ + stars: | 2023-09-23 | by ( Philip Pullella | ) www.reuters.com time to read: +2 min

Pope Francis holds a news conference as he returns to the Vatican following his apostolic journey to Hungary, aboard the plane, April 30, 2023. Vatican Media/Handout via REUTERS/File Photo Acquire Licensing RightsABOARD THE PAPAL PLANE, Sept 23 (Reuters) - Pope Francis suggested on Saturday that some countries were "playing games" with Ukraine by first providing weapons and then considering backing out of their commitments. I see now that some countries are moving backwards, not wanting to give (Ukraine) arms. Asked for a clarification, Vatican spokesman Matteo Bruni said the pope was not taking a stand on whether countries should continue to send weapons to Ukraine or stop sending them. A number of countries, including the United States, face internal political pressure to stop or curtail spending on weapons sent to Ukraine.

Persons: Pope Francis, Francis, Cardinal Matteo Zuppi, Matteo Bruni, " Bruni, Volodymyr Zelenskiy, Philip Pullella, Josie Kao, David Gregorio Our Organizations: Vatican, Handout, REUTERS, Thomson Locations: Hungary, Ukraine, Marseilles, Kyiv, Moscow, Washington, Beijing, Ukrainian, United States

Russia's Foreign Minister Sergei Lavrov addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 23, 2023. Lavrov added that Moscow left the Black Sea grain initiative because promises made to Russia - including on removing sanctions on a Russian bank and reconnecting it to the global SWIFT system - had not been met. Asked if Russia would send more peace-keepers to Nagorno-Karabakh, a separatist Armenian enclave inside Azerbaijan, Lavrov said that would be decided on the ground. Lavrov accused the West of a neo-colonial mindset in its overtures to the Global South to win backing for Ukraine in the war. Instead, Lavrov spoke of a "global majority" that was being duped by the West, which he described as an "empire of lies".

Persons: Sergei Lavrov, Eduardo Munoz, Lavrov, Antonio Guterres, They're, Volodymyr Zelenskiy, Vladimir Putin, Kim Jong Un, Gabriela Baczynska, Alistair Bell, Josie Kao Organizations: Russia's, General Assembly, REUTERS, UNITED NATIONS, Saturday, West, Kyiv, . Security, Moscow, North, Ukraine, Thomson Locations: New York City, U.S, Moscow, U.N, New York, Ukraine, Russia, Russian, Turkey, Nagorno, Karabakh, Armenian, Azerbaijan, Pyongyang

☆ US 'Disappointed' Solomon Islands Leader Sogavare to Miss White House Summit
▼ + stars: | 2023-09-23 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

SYDNEY/WASHINGTON (Reuters) - The U.S. is disappointed Solomon Islands Prime Minister Manasseh Sogavare will not attend a Pacific Islands summit with U.S. President Joe Biden next week, the White House said on Saturday. Biden will host a second summit with leaders of the Pacific Islands Forum at the White House on Monday as part of his efforts to step up engagement with a region where the U.S. is in a battle for influence with China. "We are disappointed that PM Sogavare of the Solomons does not plan to attend," a Biden Administration official said. The Australian broadcaster ABC reported Solomon Islands Foreign Minister Jeremiah Manele will attend the summit instead. The Solomon Islands Prime Ministers Office did not respond to a Reuters request for comment.

Persons: Solomon, Manasseh Sogavare, Joe Biden, Biden, Jeremiah Manele, Sogavare, Xi Jinping, Sato Kilman, Trevor Hunnicutt, Kirsty Needham, Josie Kao Organizations: SYDNEY, Solomon Islands, Pacific, White, Biden Administration, ABC, Solomon, Solomon Islands Prime Ministers, United Nations General Assembly, Initiative, Global Security Initiative, Vanuatu Locations: WASHINGTON, U.S, China, Washington, Australian, Solomon Islands, New York, Beijing, Solomon, Sydney

☆ Rapinoe retires from soccer with no regrets on activism
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

"The off-field stuff is what is most meaningful (to me) and I think what I'm most proud of leaving this team and leaving the game," she said. "I'm very excited to continue to be a part of the growth of women's sport, not just football. I want to use my platform and my leverage, but now I'll have more time to do that." Rapinoe will play her final NWSL regular season game with the OL Reign on Oct. 6 against the Washington Spirit in Seattle. Reporting by Angelica Medina in Mexico City; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Megan Rapinoe, Asanka Brendon Ratnayake, Colin Kaepernick, Donald Trump, we've, Naomi Girma, Trinity Rodman, Sophia Smith, Angelica Medina, Josie Kao Organizations: Soccer Football, FIFA, REUTERS, NFL, U.S ., Washington Spirit, Thomson Locations: New Zealand, Sweden, United States, Melbourne, Australia, South Africa, Seattle, Mexico City

Russia's Foreign Minister Sergei Lavrov addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 23, 2023. 'NOT REALISTIC'In a letter to Lavrov last month, U.N. Secretary-General Antonio Guterres outlined four measures the U.N. could immediately move on if there was an understanding that Russia would agree to a resumption of the Black Sea grain deal. They cannot be implemented," Lavrov told a news conference at the United Nations after his General Assembly address. Ukraine and Russia are both major grain exporters and Moscow is also a big supplier of fertilizer to the world. Reporting by Michelle Nichols and Gabriela Baczynska; Editing by Alistair Bell and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergei Lavrov, Eduardo Munoz, Lavrov, Volodymyr Zelenskiy, U.N, Antonio Guterres, They're, Moscow, Guterres, Zelenskiy, Vladimir Putin, Kim Jong Un, Michelle Nichols, Gabriela Baczynska, Alistair Bell, Josie Kao Organizations: Russia's, General Assembly, REUTERS, UNITED NATIONS, Saturday, United Nations, Kyiv, General, Security, North, Thomson Locations: New York City, U.S, United States, Europe, Moscow, Russia, Ukraine, Turkey, New York, Pyongyang, Russian

☆ Kim Jong Un tells Xi Jinping in letter he hopes to promote cooperation
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

[1/2] Chinese President Xi Jinping and North Korean leader Kim Jong Un walk during Xi's visit in Pyongyang, North Korea in this picture released by by North Korea's Korean Central News Agency (KCNA) on June 21, 2019. KCNA via REUTERS/File Photo Acquire Licensing RightsSEOUL, Sept 24 (Reuters) - North Korean leader Kim Jong Un has vowed to promote cooperative relations with China in a letter to President Xi Jinping, the North's state media KCNA reported on Sunday. The letter was in response to congratulations Xi sent for the North's founding anniversary this month where the Chinese president had expressed his willingness to strengthen strategic communication and working-level cooperation. "I believe ... the DPRK-China friendly and cooperative relations would steadily develop in conformity with the requirements of the new era and the desire of the two peoples in the future," Kim said in the letter sent on Thursday. Reporting by Soo-hyang Choi; Editing by Daniel Wallis and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Kim Jong, Kim Jong Un, Xi, Kim, Soo, hyang Choi, Daniel Wallis, Josie Kao Organizations: North, Korean Central News Agency, KCNA, REUTERS, Rights, DPRK, Democratic People's, Thomson Locations: Pyongyang, North Korea, Rights SEOUL, China, DPRK, Democratic People's Republic of Korea

☆ Venezuela Completes First Phase of Retaking Control of Prisons Run by Prisoners
▼ + stars: | 2023-09-23 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

By Efrain OteroTOCORON, Venezuela (Reuters) - Venezuela has completed the first phase of regaining control of its prison system, Interior Minister Remigio Ceballos said on Saturday, speaking at the Aragua jail near Tocoron, just days after security forces seized the prison that was infamously run by prisoners. The jail had restaurants, bars and even outdoor swimming pools, among other luxuries, and it was the operating center for feared criminal gang Tren de Aragua, according to Venezuela's government. The jail housed 1,600 inmates, Ceballos said, adding that most have already been relocated to other prisons across the country. Authorities have also recaptured some 88 members of Tren de Aragua who escaped during the raid by security forces, which took place on Wednesday. Following the raid, the Tren de Aragua has been totally dismantled, Ceballos said, without explaining further.

Persons: Efrain Otero TOCORON, Remigio Ceballos, Tren, Ceballos, Efrain Otero, Oliver Griffin, Josie Kao Organizations: Authorities Locations: Venezuela, Tocoron, Aragua

☆ Former President Jimmy Carter rides through Georgia peanut fest
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

Former U.S. President Jimmy Carter and his wife, former first lady Rosalynn Carter sit together during a reception to celebrate their 75th wedding anniversary in Plains, Georgia, U.S. July 10, 2021. John Bazemore/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 23 (Reuters) - Former U.S. President Jimmy Carter and former first lady Rosalynn Carter made an outing on Saturday to view a festival in Georgia, the Carter Center said in a tweet. Carter, 98, and his wife were driven through the former president's hometown Plains on Saturday to attend its annual peanut festival. Carter, a one-term Democrat who left office in 1981, has lived longer after leaving the White House than any former president in U.S. history. The Carter Center announced in February that he would receive hospice care and "spend his remaining time at home with his family" instead of seeing additional medical intervention.

Persons: Jimmy Carter, Rosalynn Carter, John Bazemore, Carter, Joel Schectman, Josie Kao Organizations: U.S, Rights, Former U.S, Carter, Carter Center, Thomson Locations: Plains , Georgia, U.S, Former, Georgia

It fell 0.3% in the week, breaking a three week streak of gains. U.S. West Texas Intermediate crude (WTI) futures rose 40 cents, or 0.5%, to $90.03 a barrel, as U.S. oil rig counts fell. U.S. Federal Reserve officials warned of further rate hikes, even after voting to hold the benchmark federal funds rate steady at a meeting this week. U.S. oil rig counts, an indicator of future production, also fell by eight to 507 this week, their lowest since February 2022, energy services firm Baker Hughes said. Offline refinery capacity was expected to reach 1.4 million barrels per day (bpd) this week according to IIR Energy versus 800,000 bpd offline last week.

Persons: Nick Oxford, Dennis Kissler, Michelle Bowman, Russia's Transneft, Baker Hughes, Arathy Somasekhar, Nicole Jao, Robert Harvey, Yuka Obayashi, Emily Chow, Marguerita Choy, David Gregorio, Josie Kao Organizations: REUTERS, U.S . West Texas, BOK, U.S . Federal, RBC, St . Petersburg International Mercantile Exchange ., IIR Energy, U.S . Commodity Futures Trading Commission, Thomson Locations: Cushing , Oklahoma, HOUSTON, Brent, U.S, Primorsk, Novorossiysk, St, United States, Houston, New York, Tokyo, Singapore

☆ Tropical storm Ophelia could slam mid-Atlantic states on Friday
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Tropical storm Ophelia approaches North Carolina, South Carolina and Virginia, U.S. in this image from the National Oceanic and Atmospheric Administration (NOAA) GOES-East weather satellite, September 22, 2023. In Virginia, Governor Glenn Youngkin declared a state of emergency in anticipation of the storm, dubbed Ophelia, which is expected to hit the state on Friday evening. Tropical storm warnings are in effect for much of the area, along with storm surge warnings, the National Weather Service said. Late Friday, the agency also issued a hurricane watch for parts of Eastern North Carolina, saying that Air Force Reserve hurricane hunters had found that Ophelia had strengthened. In addition to life-threatening storm surges along the coast, Ophelia could spur flooding from North Carolina to New Jersey through Sunday, the National Weather Service said.

Persons: Glenn Youngkin, Ophelia, Youngkin, Sharon Bernstein, Josie Kao, Timothy Gardner Organizations: National Oceanic, Atmospheric Administration, NOAA, Handout REUTERS, National Weather Service, Air Force Reserve, Air Force, Thomson Locations: North Carolina, South Carolina, Virginia, U.S, Delaware, Chesapeake, Potomac, Eastern North Carolina, New Jersey

☆ Leaving Canada Pension Plan could save Albertans billions, says study
▼ + stars: | 2023-09-21 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

"I believe that an Alberta pension plan would be fairer," Premier Danielle Smith told a news conference on Thursday. However, he noted the pension respects the right of Albertans to consider withdrawing from the Canada Pension Plan. Albertans will have until spring 2024 to submit views on a provincial pension plan to a panel, which will submit a report to the Albertan government. Former Premier Jason Kenney announced in June 2020 that his government would study a recommendation from a panel to replace the CPP with a provincial plan. Any province has the right to withdraw under the Canada Pension Plan Act but written notice is required, enabling legislation has to be passed and the value of assets to be transferred must be negotiated.

Persons: Danielle Smith, Todd Korol, LifeWorks, Smith, Michel Leduc, Albertans, Chrystia Freeland, Premier Jason Kenney, Maiya Keidan, Steve Scherer, Barbara Lewis, Josie Kao Organizations: United Conservative Party, REUTERS, Rights, Canada, Global, Public Affairs, Communications, Investments, Plan . Finance, Premier, CPP, Investment Board, Thomson Locations: Calgary , Alberta, Canada, Canadian, Alberta, Ottawa, Province of Alberta, Quebec

Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. The Bank of Japan on Friday rounds off one of the most intense weeks in recent memory for central bank policy decisions, with global markets still reverberating from the shockwaves that have followed the Federal Reserve's 'hawkish pause' on Wednesday. MSCI's Asia ex-Japan index also had its worst day since early August, and Wall Street slumped to a three-month low. Further complicating the picture for investors, however, were the surprisingly dovish decisions from the Bank of England and Swiss National Bank. Here are key developments that could provide more direction to markets on Friday:- Bank of Japan policy meeting- Japan inflation (August)- Japan, Australia PMIs (September)By Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Issei Kato, Jamie McGeever, Steven Major, Bond, Fumio Kishida, Australia PMIs, Josie Kao Organizations: Bank of Japan, REUTERS, The Bank of Japan, MSCI's, Treasury, Bank of England, Swiss National Bank, Reuters, Thomson Locations: Tokyo, Japan, MSCI's Asia, Asia, Malaysia, New Zealand, Australia, Germany, France, Britain

☆ Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing
▼ + stars: | 2023-09-20 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

"It is not clear that it (the all-stock offer Stratasys made for Desktop Metal) creates value for 3D printer manufacturer Stratasys shareholders," ISS wrote in its note to clients with a headline "vote against acquisition at SSYS meeting." The directors felt this deal was more attractive than others, including overtures from 3D Systems and Nano Dimension. But as Stratasys', Desktop Metal's and 3D Systems' share prices have dropped in the last 52 weeks, ISS argued that 3D Systems' cash and stock offer for Stratasys "holds out an important hedge against further declines." 3D Systems offered to pay $7 in cash and 1.6387 3D shares per Stratasys share, which would leave them owning 46% of the combined company. Stratasys investor Nano Dimension, which owns 14.1% of the company, said last week that it would vote against the merger.

Persons: ISS's, Stratasys, Svea Herbst, Bayliss, Josie Kao Organizations: Services, Reuters, ISS, 3D Systems, Desktop, Systems, Svea, Thomson

Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023. The conservative U.S. network’s interview with the crown prince, widely known as MbS, comes as President Joe Biden’s administration presses ahead with an effort to broker historic ties between the two regional powerhouses, Washington’s top Middle East allies. We need to solve that part,” MbS said when asked what it would take to get a normalization agreement. MbS also voiced concern about the possibility of Iran, a mutual adversary of Saudi Arabia and Israel that the U.S. wants to contain, could obtain a nuclear weapon. Reporting by Rami Ayyub and Matt Spetalnick; Editing by Leslie Adler and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Evelyn Hockstein, Saudi Arabian Crown Prince Mohammed bin Salman, Israel, Joe Biden’s, ”, Biden, Benjamin Netanyahu, Rami Ayyub, Matt Spetalnick, Leslie Adler, Josie Kao Organizations: Saudi, Saudi Arabian Crown, Partnership, Global Infrastructure, REUTERS, Rights, Fox, MbS, Israeli, Thomson Locations: Saudi Arabian, New Delhi, India, Saudi, U.S, Israel, Iran, Saudi Arabia, Riyadh, Tehran, Gulf

David Minkin, an attorney for Maui County, told Reuters that only a small portion, if any, of its land was involved in the blaze. Wildfire victims have struggled over the years to hold landowners liable, even for fires ignited on their property. Rick Linkert, a California attorney who specializes in defending wildfire cases, said it may not be easy for Wells' legal team to show negligence. They would have to demonstrate there was an accepted standard for managing grasslands and that the landowners ignored it, he said. Maui County has filed its own lawsuit against Hawaiian Electric, which it blames for the fire.

Persons: Joe Biden, Jill Biden, Kevin Lamarque, Harold Wells, Rebecca Rans, Wells, Bishop, David Minkin, Rans, Jim Bickerton, Bickerton, Rick Linkert, Linkert, Pauahi Paki, Kamehameha, Tom Hals, Amy Stevens, Noeleen Walder, Josie Kao Organizations: REUTERS, Rights, Kamehameha Schools, Reuters, Honolulu Star, U.S . Forest Service, Hawaiian Electric, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Rights WILMINGTON , Delaware, Harold Wells of Arizona, Maui County, Wailuku, Guinea, California, Hawaiian, Wilmington , Delaware

☆ Saudi Crown Prince Says Getting 'Closer' to Israel Normalization -Fox Interview
▼ + stars: | 2023-09-20 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

The conservative U.S. network’s interview with the crown prince, widely known as MbS, comes as President Joe Biden’s administration presses ahead with an effort to broker historic ties between the two regional powerhouses, Washington’s top Middle East allies. We need to solve that part,” MbS said when asked what it would take to get a normalization agreement. MbS also voiced concern about the possibility of Iran, a mutual adversary of Saudi Arabia and Israel that the U.S. wants to contain, could obtain a nuclear weapon. Both leaders also said Iran could not be allowed to acquire a nuclear weapon. (Reporting by Rami Ayyub and Matt Spetalnick; Editing by Leslie Adler and Josie Kao)

Persons: Matt Spetalnick, Rami Ayyub WASHINGTON, Saudi Arabian Crown Prince Mohammed bin Salman, Israel, Joe Biden’s, ”, Biden, Benjamin Netanyahu, Rami Ayyub, Leslie Adler, Josie Kao Organizations: Saudi Arabian Crown, Fox, MbS, Israeli Locations: Saudi, U.S, Israel, Iran, Saudi Arabia, Riyadh, Tehran, Gulf

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSept 21 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. For Asian markets, one of the most significant consequences of the Fed's revisions is the dollar's rise, most notably against the yen. The dollar hit an 11-month high above 148 yen, which Japanese policymakers will be paying close attention to. In that light, it is worth noting that Japan's intervention on Sept. 22 last year was a day after the FOMC decision and revised forecasts. Here are key developments that could provide more direction to markets on Thursday:- Indonesia central bank meeting- Philippines central bank meeting- Bank of England policy decisionBy Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, Evelyn Hockstein, Jamie McGeever, BoE, Goldman Sachs, Josie Kao Organizations: Federal, Federal Reserve, REUTERS, Asia, Bank of England, Deutsche, Nomura, Treasury, The Bank of Japan, Bank of, Thomson, Reuters Locations: Washington , U.S, Asia, Indonesia, Philippines, Taiwan, U.S, Pacific, New Zealand, Hong Kong

A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsSept 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China is expected to keep benchmark lending rates unchanged on Wednesday, grabbing the spotlight in Asia as the relentless rise in oil prices toward $100 a barrel seeps deeper into investor sentiment globally. Rates futures markets are pricing in a 30% likelihood of a quarter point hike in November or 40% chance it will be in December. China's central bank is expected to stand pat on rates as fresh signs of economic stabilization and a weakening yuan constrain put the brakes on further monetary easing efforts, at least for now.

Persons: Jason Lee, Jamie McGeever, Jerome Powell, Josie Kao Organizations: People's Bank of China, REUTERS, Reuters, 78th United Nations General Assembly, Investors, United Nations, Thomson Locations: Beijing, China, Asia, Japan, Taiwan, South Korea, New, New York

The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming "Meteor Lake" laptop chip and from new software tools the company is releasing. Intel said on Tuesday that it was building a new supercomputer that would be used by Stability AI, a startup that makes image-generating software. China's Alibaba Group Holdings (9988.HK) is using its newest central processors to serve up chatbot technology, Intel said. If Intel Chief Gelsinger can make AI "so that anyone can use it, that creates a much bigger market for chips – the chips that he makes," Hutcheson said.

Persons: Arnd, Taylor Swift, Pat Gelsinger, Gelsinger, Sachin Katti, Dan Hutcheson, TechInsights, Hutcheson, Stephen Nellis, Max Cherney, Peter Henderson, Lincoln, Josie Kao Organizations: Intel Corporation, REUTERS, JOSE, Intel, ., Taiwan Semiconductor Manufacturing, Nvidia, Stability, Alibaba, Holdings, Meta, Reuters, Thomson Locations: Davos, Switzerland, California, Silicon Valley, HK, San Francisco, San Jose , California

Search resuls for: "kao"

25 mentions found